Uber and Lyft have officially started to offer free rides to anyone traveling to get a COVID-19 vaccine, two weeks after the ride-hailing companies announced an agreement with the White House to offer the program. The free rides will last through July 4, the date when President Joe Biden wants 70% of U.S. adults to… Continue reading Lyft, Uber kick off free COVID-19 vaccine rides program
Tag: Lyft
Ford and Toyota top self-driving technology league table
TOKYO — Leading carmakers such as Ford Motor and Toyota Motor are catching up with tech giants in the global race to develop self-driving technology as indicated by new patent data. The two companies claimed the top two positions on a list of most competitive firms in terms of patents related to autonomous driving technology.… Continue reading Ford and Toyota top self-driving technology league table
California regulator requires most ride-hailing cars to be EVs by 2030
The California Air Resources Board has approved a mandate requiring most trips on ride-hailing platforms to be in electric vehicles by 2030. California is the first state to approve such a rule in the US, and it has long been a trailblazer in EV adoption that other states follow and emulate. Under the new rule,… Continue reading California regulator requires most ride-hailing cars to be EVs by 2030
The self-driving industry’s Wild West days are done. An elite group of giants has taken the lead, and any challengers are likely doomed.
The gap between the self-driving industry’s leaders and their competitors is growing. The top tier includes Waymo, Cruise, Argo AI, Aurora, and Motional. Newcomers have the best chance to succeed if they target opportunities outside of ride-hailing. See more stories on Insider’s business page. In the decade after Google started working on self-driving cars, in… Continue reading The self-driving industry’s Wild West days are done. An elite group of giants has taken the lead, and any challengers are likely doomed.
The startup born from Google’s self-driving-car project plans to automate semis. Meet the leaders behind it.
Waymo Via is the trucking arm of Waymo, the Alphabet self-driving startup. Insider spoke with three of Waymo Via’s leaders about the company. Trucking is an $800 billion business in the US, so the opportunity to automate it is huge. See more stories on Insider’s business page. Waymo, formerly known as the Google self-driving-car project,… Continue reading The startup born from Google’s self-driving-car project plans to automate semis. Meet the leaders behind it.
Jerry Raises $28M in Series B Funding
Jerry Services, Inc., a Palo Alto, CA-based car insurance platform that provides customized quotes from more than 45 insurance carriers quickly, raised $28m in Series B funding. The round, which brought $57M in total funding, was led by Goodwater Capital with participation from Jay Vijayan, CEO of Tekion; Jon McNeill, CEO of DVx Ventures (former president of… Continue reading Jerry Raises $28M in Series B Funding
AI-powered Jerry raises $28M to help you save money on car insurance
When Art Agrawal was growing up in India, a car ride was a rare treat, and car ownership was a dream. When he moved to the U.S. and bought his first car, he was shocked by how much it cost and how difficult it was to maintain a car. In 2012, he co-founded a company… Continue reading AI-powered Jerry raises $28M to help you save money on car insurance
Uber and Lyft investors predict bumpy roads ahead for the ride-hailing giants (UBER, LYFT)
Uber and Lyft reported strong results in their most recent earnings, but their stocks continue to slide. Investors say they’re worried about driver shortages and potential regulation, among other issues. Analysts say it will take some time for the companies to overcome headwinds. See more stories on Insider’s business page. Uber and Lyft both made… Continue reading Uber and Lyft investors predict bumpy roads ahead for the ride-hailing giants (UBER, LYFT)
Hyundai Motor Group to Invest $7.4 Billion In the U.S. by 2025
José Muñoz, Hyundai Motor Company’s Global Chief Operating Officer and President and CEO of Hyundai Motor North America said, “I am excited to make this announcement on behalf of the Hyundai Motor Group. This investment demonstrates our deep commitment to the U.S. market, our dealers and customers. Hyundai will lead the future of mobility in… Continue reading Hyundai Motor Group to Invest $7.4 Billion In the U.S. by 2025
The Station: Einride preps for a US expansion, Argo AI reveals its lidar specs and a Tesla Autopilot reality check
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to… Continue reading The Station: Einride preps for a US expansion, Argo AI reveals its lidar specs and a Tesla Autopilot reality check